If you’re looking to close a round of investment You must be able to demonstrate that you have all the elements of your business. This involves sharing documents that assess your company’s performance as well as its strengths. One of the most effective methods to do this is to utilize a virtual investor data room, which permits safe and efficient sharing of sensitive data during due http://dataspacelab.net/how-the-legal-industry-scrambles-to-handle-project-management/ diligence.
What documents should you include for investors who are in a dataroom? What can you tell whether you’re putting in too many or a few documents? Andrea Funsten is a partner at Basecamp Fund.
The answer “It depends”. While every business is unique, there are some things that all founders should consider prior to establishing an online data room.
It is recommended that you include the following documents.
1. Pitch Deck: This is a concise summary of the company’s mission statement as well as its product vision and competitive landscape as well as traction. It should also include an outline of the investor’s presentation and a rough timeline of the capital raising process.
2. Financial Information: This includes both projected and historical financial statements as well as the reasons and sources behind these projections. It is also important to include information regarding the legal structure of your company including bylaws, articles, business certificates, and tax information.
Some founders also include other documents, such as executive summaries or internal assessments of the performance of the company. It’s important to be aware that additional documents can take up valuable time and may impede the due diligence process.
